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Zoned Multi-Family Development Land
For Sale
$1,375,000

178 NW 32nd St, Miami, FL 33127

7,200 SF land is zoned T4-R NRD-2 and entitled for 24 units with up to 6 stories.

Property Size7,200 SF
Price / SF$190.97
Days on Market158

Property Features for 178 NW 32nd St

General Information

Standard status Active
Size 7,200 SF
Property subtype COMMERCIAL
Zoning T4-R NRD-2

Additional Details

Multifamily Units 24

Taxes and HOA fees

Annual Taxes $25,448

Building Details

Stories 6
Listing Agency: Metro 1
Listed By: Juan Nava · License #3649427
Source: Marcelosteinmander
Added: Apr 22 Changed: Sep 23 Last Checked: Sep 26 at 1:06PM

Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Metro 1

Investment Insights

Based on property information with market context.

This is a 7,200 SF development parcel zoned T4-R NRD-2. The property is entitled for 24 units, with zoning allowing up to 6 stories with bonuses.

The site is located one block away from Wynwood Plaza, which is noted as housing the new Amazon Miami office.

The offering is positioned as a ready-to-develop multi-family site based on the stated entitlement and height allowance under the current zoning designation.

Key Highlights

  • 7,200 SF parcel zoned T4‑R NRD‑2
  • Entitled for 24 units
  • Zoning allows up to 6 stories with bonuses

Property Analytics

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Current Use

Antojitos Mixtos 2 Restaurant

Suggested Use

Top Pick (Bike/Boat/Book/etc) Store Butcher Mobile Phone Store Nursing Home Buffet Restaurant

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

24
Residential units

Location Intelligence

Trade Area within ½ mile

6,683
Businesses Nearby

Demographics for 33127, FL

27,692
Population
11,245
Households
2.5
Avg Household Size
37
Median Age
13%
College-Educated
69%
High-School Grad
3.3 sq mi
ZIP Area
8,392
Density / Sq Mi
$41,125
Median Household Income
$30,240
Median Earnings
$1,394
Median Rent
$398,800
Median Home Value
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
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Frequently Asked Questions

What type of property is this?
Residential land & home lot - 7,200 SF land is zoned T4-R NRD-2 and entitled for 24 units with up to 6 stories.
Where is this residential land & home lot located?
The property is located at 178 NW 32nd St Miami, FL.
What is the asking price?
The asking price for this property is $1,375,000.
What are key features of this property?
This property features: 7,200 SF parcel zoned T4‑R NRD‑2; Entitled for 24 units; Zoning allows up to 6 stories with bonuses
More about this property
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